Sales tax on Facebook is a maximum of 5% of revenue.

The types of taxes and fees that online sellers must pay include business license fees, VAT, personal income tax, etc.

Online sales tax rates range from 0.5% to 5% of revenue. Photo: PV.

The Ho Chi Minh City Tax Department has just announced the tax registration and tax declaration obligations for business activities conducted through e-commerce, including: selling goods and services via the internet, social networks (Facebook), and other forms of e-commerce.

Accordingly, individuals engaged in business with annual revenue from the sale of goods and services from all forms of business (including online business) exceeding 100 million VND are obligated to register, declare, and pay taxes.

The types of taxes and fees payable include business license fees, value-added tax, personal income tax, special consumption tax, environmental protection tax (if applicable), etc.

Specifically, distributors and suppliers of goods pay 1% value-added tax and 0.5% personal income tax on total revenue; service providers pay 5% value-added tax and 2% personal income tax on revenue; businesses engaged in transportation and services related to goods pay 3% value-added tax and 1.5% personal income tax on revenue. Other business activities pay 2% value-added tax and 1% personal income tax.

Regarding business license fees, individuals with annual revenue exceeding 500 million VND pay one million VND annually; those with revenue between 300 and 500 million VND and those with revenue between 100 and 300 million VND pay 500,000 VND and 300,000 VND annually, respectively.

According to VNE